Finally, a decent sell off!  The market sold hard today with 212 million shares traded on the SPY.  Remember how many times I’ve stated that heavy volume means a DOWN market, and light volume means that the market can be easily controlled and pushed up higher.

This is the start of nice down . . . → Read More: Market Dumps On Heavy Volume…

Today was a flat day as the market awaits JPM earnings tomorrow morning at 7am EST.  Intel’s earnings came out after the close today and beat the street’s estimate of 30 cents, coming in at 40 cents.  However, the street’s estimate number isn’t what’s important, it’s the “Whisper Number”, and that was around 40 . . . → Read More: Waiting On JPM?

Well, I expected them to take it back up (as I said yesterday)… but not all in one day!  I stated yesterday that I thought we might go sideways to slightly up, gaining 2-3 points each day, and recapture about half of the down move that occurred on Tuesday.  I really didn’t expect . . . → Read More: Another Whipsaw Wednesday…

I was beginning to wonder if this market would ever pause and take a rest, but… like all living things, it did!  The sell off was impressive, but still looked a little bit like it was “controled”.  I’m not complaining, as it allowed me to close out my USO short positions, but I’m not . . . → Read More: We Finally See Some Selling…